7616 Castlebridge
About This Property
Embrace the ultimate waterfront lifestyle at 7616 Castlebridge, The Colony. A Taylor Morrison home on the shores of The Tribute, a resort golf community! This highly sought after Waterford Point home in The Tribute features 3 bedrooms,3.5 bathrooms with an office, and a generous 3486 square feet of living space, all situated on a spacious lot.
Indulge in luxury with upscale finishes throughout, creating an ambiance of refined elegance. The gourmet kitchen is equipped with high-end appliances and a wine cellar, perfect for culinary enthusiasts.
Outside, the allure continues with a beautiful spa-pool and outdoor living space with a gas fire pit, offering a serene retreat with stunning expansive waterfront views. Plus, as part of a community with abundant amenities, you'll enjoy a lifestyle of convenience and leisure.
Don't miss the opportunity to make this waterfront paradise your own.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Compass RE Texas, LLC | $1,875,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017